Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
CySEC
March 10, 2021 BY Steffy Bogdanova

CySEC issues warnings against OTPFX, AllFxTradings and others

The Cyprus watchdog found that these unlicensed and offshore retail FX brokers falsely claim to have CySEC licenses. CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More: CySEC issues warnings against 16 websites…

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Naga Group appoints Pawel Cichowski as Head of Dealing
March 10, 2021 BY Steffy Bogdanova

NAGA obtains $30 million funding from Yorkville Advisors

As previously mentioned, the funding agreement occurred just as NAGA was experiencing a rapid increase in demand spanning all of its business metrics. In February 2021, the broker reported a total trading volume of around $20 billion and passed a milestone of 1 million monthly transactions. On top of this, 37,000 new trading accounts were…

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daily market analysis
March 10, 2021 BY Steffy Bogdanova

Daily market commentary: European shares resumed their upward trend

EUROPEAN SHARES  European shares resumed their upward trend, despite initially opening down, as investors’ risk appetite remains alive and well. Even if a rotation from growth to “defensive” shares is still taking place, the global market sentiment is still oriented towards riskier assets this week. Indeed, with today’s signature on the $1.9 trillion stimulus package…

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SGX
March 10, 2021 BY Steffy Bogdanova

SGX reports FX Futures Volume rise in February 2021

The exchange also reported a jump in FTSE China A50 Index Futures DAV and FTSE Taiwan Index Futures DAV with 485,141 contracts and 104,415 contracts in February, respectively. SGX also registered a surge in its commodities business. Forward freight agreement (FFA) traded volume surged 80% YoY with 150,601 contracts. Petrochemical derivatives and Paraxylene traded volumes…

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partnership
March 10, 2021 BY Steffy Bogdanova

Pelican announces white label partnerships with Eurotrader and XpertAlgo

The latest addition of white label partnership will see integration of Pelican’s copy-trading technology into each venue’s existing suite of trading platforms, enabling their clients to utilise the features offered by the Pelican social interface. Sergei Grigoriev, Head of Risk at Eurotrader noted: Eurotrader continues to expand its product offering to address the needs of…

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SquaredFinancial names Stathis Flangofas Chief Financial Officer
March 09, 2021 BY Steffy Bogdanova

SquaredFinancial names Stathis Flangofas Chief Financial Officer

Prior to his appointment at SquaredFinancial, Flangofas held various executive positions as a Group Chief Financial Officer whilst serving as a Non-Executive Director and Chairman on Risk Management committees. Flangofas holds a Business Administration degree from the University of Piraeus and is a member of the Association of Chartered Certified Accountants (ACCA). In February, the…

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volumes
March 09, 2021 BY Steffy Bogdanova

TP ICAP reports £11 million acquisition costs in final results for 2020

Liquidnet’s electronic network integrates extensive buyside trade workflow connectivity and includes advanced incorporations with all execution management and major order management systems. Alongside its hopes to achieve new growth opportunities, TP ICAP also expects to take advantage of analytics and data assets expertise from both organisations in order to push non-transaction-related revenues. The overall consideration…

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Deutsche Börse
March 09, 2021 BY Steffy Bogdanova

Deutsche Börse expands range of centrally cleared ETNs

Kraus added: Central clearing of the products significantly reduces the settlement risks and thus enables many professional investors to invest in crypto products. All clearing is set to be dealt with by Deutsche Börse Group's central counterparty, Eurex Clearing. Deutsche Börse launched the world's first centrally cleared Bitcoin ETN on Xetra back in June 2020,…

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